Breaking News Alert
The New York Times
Wednesday, October 22, 2008 -- 4:03 PM ET
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Stocks Dive as Crisis Erodes Earnings
Worries about the corporate sector sent stocks on Wall Street
sharply lower again on Wednesday, with the Dow Jones
industrials falling about 500 points for the day. (At one
point in the final hour of trading, the index was down nearly
700 points.) Improvements in the credit markets did little to
placate investors in the face of weak earnings reports and a
bleak outlook for the remainder of the year.
Read More:
http://www.nytimes.com/?emc=na
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